Case Study – Strategic Compensation – Major retailing enterprise recently privatised with significant private equity backing and whose top management team already hold significant amounts of equity

Brief

Initially to advise on appropriate levels of base salary and annual bonus for the top management team and, subsequently, to design and implement long term equity incentive arrangements.

Solution

  • MM&K identified an appropriate peer group of comparable companies and agreed the list with our client
  • MM&K identified the roles to be benchmarked and obtained an accurate role description from the client
  • MM&K researched practice by the selected peer group companies and prepared a benchmarking report showing the position of our client in the market
  • The next steps are:
  • to work with our client to design and implement appropriate long term equity incentive arrangements for senior executives below the top management level
  • to agree a plan specification and
  • to provide all necessary documentation for the agreed plan design.